Revolut, a British FinTech startup with Russian roots, announced its plans to enter the Russian market this year. The company, valued at USD 561 million, is a mobile app that …
Read More »The most expensive startups to close in 2018
Analytical company PitchBook collected data on startups that closed last year. Here are the 10 most expensive to close their doors in 2018: 10.Fallbrook Technologies – founded in 1998, the …
Read More »GreenSky bucks traditional FinTech ideas about IPOs
GreenSky, a FinTech company from Atlanta that provides loans for home repair projects, has announced its plan to go public with an IPO of USD 5 billion in total capitalization …
Read More »Sberbank, Yandex launch instantaneous B2B payment platform
Small- and medium-sized businesses will soon be given the opportunity to quickly execute payments via a new business-to-business (B2B) payment platform launched by Sberbank and Yandex. Traditionally, B2B payments need …
Read More »FinTech success goes beyond a revenue model
For any business, a revenue model is important. However, it is even more crucial for FinTech companies as consumer confidence is easily-shaken by perceived actions that seem solely profit-oriented (e.g. …
Read More »LendingClub’s fall from rock star status
Not long ago, LendingClub was the brightest star in the rapidly-growing world of online lending. With shares having dropped two thirds in two months, the company now has investors nervous. …
Read More »China’s peer-to-peer lending crash
Last summer, more than 400 peer-to-peer (P2P) lending platforms in China collapsed, costing thousands of Chinese millions in lost investments. The reason for their collapse is due to the lack …
Read More »Robinhood’s epic failure launching a new checking/savings product
Late last year, Robinhood attempted to launch a disruptive, first-of-its-kind checking/savings product, one which offered consumers a 3% interest rate with zero fees. Just days later, however, the company had …
Read More »Reduced online lending in Kazakhstan thanks to tightened rules
The National Bank of Kazakhstan introduced several changes last year that have affected online lending. Specifically, the Bank limited the annual effective rate to 100% and also reduced the total …
Read More »FinTech development can bloom in absence of oversight
The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test …
Read More »FinTech vs. regulations: can they learn to better coexist?
FinTech startups continually create new, innovative solutions to modern financial issues, taking advantage of technology advances to make lives easier and business processes better. However, they are often at odds …
Read More »Startups and London in the wake of Brexit
Despite concerns over the impact of Brexit, many startups are not willing to give up on London and its rich business networks and strong financial flows. At the same time, …
Read More »Infographic: top 20 reasons startups fail
CB Insights recently compiled data on 101 startups that ultimately failed. They found a number of different reasons for failure and ranked the top 20 reasons in this illuminating infographic …
Read More »Video: the single most important factor to startup success
Have you thought about leaving your current position to start a FinTech company? While the idea might not be a bad one, just remember that FinTech startups have a failure …
Read More »Video: why many FinTech startups fail
Have you thought about leaving your current position to start a FinTech company? While the idea might not be a bad one, just remember that FinTech startups have a failure …
Read More »Infographic: characteristics of startups that fail and succeed
The road to success is often filled with rocks that startups must stumble through and overcome. Some of these rocks, however, can be avoided thanks to the mistakes of previous …
Read More »Video: the rise and fall of a Silicon Valley disrupter
Elizabeth Holmes dropped out of Stanford at 19 to start a company called Theranos, with the ultimate goal of driving down healthcare costs and making the industry consumer-driven. For a …
Read More »8 infographics showing the future of the global economy
The global economy can sometimes be hard to understand due to the sheer size of it and the complexities that drive it. Take a look at these eight infographics that …
Read More »2019 to be a big year in FinTech
FinTech has taken center stage in the financial world. In 2019, it is expected to become even more prominent in a number of ways: RegTech – compliance, complexity, cost and …
Read More »Five FinTech trends that will define banking in 2019
The banking sector is becoming both more strategically focused and technologically advanced in order to respond to consumer expectations and try to defend their market shares. As such, the importance …
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